Building Size: 8,528 SF
Property Type: Retail
Property Sub-type: Day Care Facility/Nursery
Property Use Type: Net Lease Investment with 5 years left on lease
Cap Rate: 9.45%
Occupancy: 100%
No. Stories: 1
Tenancy: Single
The subject site is less than 1 mile from Interstate 78 and 287. It is currently subleased to Rainbow childcare with a Bright Horizon corporate guarantee. The lease expires in February 2021 with 2 – (5) year renewal options.
The subject site is Bridgewater Township is located in the center of Somerset County. Bridgewater serves as the corporate headquarters for Sanofi’ s and Medicis Pharmaceutical and is also home Bridgewater Commons, a large shopping mall.
Bridgewater, NJ 08807